Med-XS Solutions Acquires HealthQuip, Inc. To Enhance Its Medical Equipment Management Portfolio

CLEVELAND, Sept. 12 /PRNewswire/ -- Med-XS Solutions, the global leader of solutions for medical equipment and technology challenges, announced that it acquired HealthQuip, Inc. to enhance its medical equipment product line and provide more value to the healthcare industry. Based in Atlanta, HealthQuip is a leading provider of medical equipment to ambulatory surgery centers and other surgical environments. “This is the first of several business transactions that Med-XS Solutions will execute in 2005 and 2006,” stated Joe Guerra, COO, Med-XS Solutions. Terms of the agreement were not disclosed.

The agreement will enhance Med-XS Solutions’ existing ability to offer a broad and diverse range of affordable medical equipment to healthcare facilities of any size. It will also double its inventory capacity with the addition of HealthQuip’s 55,000 sq. ft. medical equipment warehouse. As well as equipment sales, the business arrangement will expand Med-XS Solution’s equipment planning services with HealthQuip’s design consulting services for surgical environments.

“HealthQuip brings 20-plus years of experience to our organization and a high level of customer satisfaction which is a perfect match with our global business strategy for the healthcare industry,” stated Kevin Tenkku, President and CEO, Med-XS Solutions.

About Med-XS Solutions

Med-XS Solutions is the medical industry’s one source solution for equipment lifecycle management. Med-XS Solutions provides comprehensive and customized services that resolve the excessive demands that equipment lifecycle management places on the healthcare facility’s personnel, storage space and expenditures. For more information about Med-XS Solutions go to www.medxs.com or contact Michael Gonzalez, Marketing Manager, (440) 669-9620, 8805 East Avenue, Mentor Ohio 44060.

About HealthQuip

Located in Atlanta, Georgia, HealthQuip has provided new and refurbished medical equipment since 1984. The company specializes in ambulatory surgery centers and other surgical environments.

Med-XS Solutions

CONTACT: Michael Gonzalez, Marketing Manager of Med-XS Solutions,+1-440-669-9620